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14.56 -0.22 -1.49%
as of 03:40 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 14.53 -0.25 -1.69% about (BATS) as of 03:56 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 14.522:41 PM EDT
Day High 14.989:30 AM EDT
Range 0.46
Volume 22.47 M
30-Day Avg Vol 30.04 M
Difference -25.19%
Market Cap 28.43 B
Mkt Cap Chg -449.41 M
Shares Out 1.95 B
% Shrs Traded 1.14%
1yr EPS Est 1.033
52-Wk Low 7.84
52-Wk High 26.04
Range 18.20
Prev Close 14.788/24/09
Today's Open 14.97
Change 1.29%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date —
Div Date —
Short Interest 63.31 M
Performance Details
Revenue (LFY) 61.10 B
Earnings (LFY) 2.48 B
Earnings (MRQ) 290.00 M
Next Earn Est 0.227
Next Earnings 02/18/2010
EPS (TTM) 1.01
1yr EPS Growth -14.63%
P/E Ratio (TTM) 14.27
P/E Ratio (Fwd) 14.00
PEG Ratio 1.53
Return on Equity 62.36
Beta 1.33
Sector Technology
Industry Computer Hardware
15.29 0.19 1.26%
as of 03:39 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 15.21 0.11 0.73% about (BATS) as of 03:54 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 15.109:31 AM EDT
Day High 15.5210:03 AM EDT
Range 0.42
Volume 22.39 M
30-Day Avg Vol 19.52 M
Difference 14.70%
Market Cap 31.53 B
Mkt Cap Chg 412.21 M
Shares Out 2.06 B
% Shrs Traded 1.08%
1yr EPS Est 1.093
52-Wk Low 9.20
52-Wk High 21.95
Range 12.75
Prev Close 15.108/24/09
Today's Open 15.12
Change 0.13%
Dividend (TTM) 0.265
Div Yield (TTM) 1.79%
Ex-Div Date 10/05/2009
Div Date 10/28/2009
Short Interest 41.99 M
Performance Details
Revenue (LFY) 34.25 B
Earnings (LFY) 2.55 B
Earnings (MRQ) 967.00 M
Next Earn Est 0.253
Next Earnings 10/26/2009
EPS (TTM) 1.00
1yr EPS Growth -3.27%
P/E Ratio (TTM) 15.14
P/E Ratio (Fwd) 13.00
PEG Ratio 1.13
Return on Equity 6.22
Beta 0.82
Sector Services
Industry Media
1.35 -0.02 -1.46%
as of 03:37 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 1.355 -0.015 -1.09% about (BATS) as of 03:53 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 1.3410:34 AM EDT
Day High 1.399:30 AM EDT
Range 0.05
Volume 23.3 M
30-Day Avg Vol 62.59 M
Difference -62.77%
Market Cap 1.51 B
Mkt Cap Chg -11.16 M
Shares Out 1.11 B
% Shrs Traded 2.08%
1yr EPS Est -0.167
52-Wk Low 0.59
52-Wk High 3.9787
Range 3.39
Prev Close 1.378/24/09
Today's Open 1.39
Change 1.46%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date —
Div Date —
Short Interest 136.25 M
Performance Details
Revenue (LFY) 3.23 B
Earnings (LFY) -511.79 M
Earnings (MRQ) -143.24 M
Next Earn Est -0.104
Next Earnings 10/19/2009
EPS (TTM) -1.75
1yr EPS Growth 90.35%
P/E Ratio (TTM) —
P/E Ratio (Fwd) -8.00
PEG Ratio —
Return on Equity -28.50
Beta 2.06
Sector Financial
Industry Financial Services
21.97 -0.09 -0.41%
as of 03:36 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 21.985 -0.075 -0.34% about (BATS) as of 03:51 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 21.852:41 PM EDT
Day High 22.2510:02 AM EDT
Range 0.40
Volume 23.65 M
30-Day Avg Vol 52.98 M
Difference -55.36%
Market Cap 126.72 B
Mkt Cap Chg -519.1 M
Shares Out 5.76 B
% Shrs Traded 0.41%
1yr EPS Est 1.304
52-Wk Low 13.61
52-Wk High 24.78
Range 11.17
Prev Close 22.068/24/09
Today's Open 22.155
Change 0.43%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date —
Div Date —
Short Interest 51.58 M
Performance Details
Revenue (LFY) 36.11 B
Earnings (LFY) 6.13 B
Earnings (MRQ) 1.08 B
Next Earn Est 0.303
Next Earnings 11/04/2009
EPS (TTM) 1.05
1yr EPS Growth -3.41%
P/E Ratio (TTM) 16.27
P/E Ratio (Fwd) 16.00
PEG Ratio 1.65
Return on Equity 22.90
Beta 1.21
Sector Technology
Industry Computer Hardware
1.61 -0.03 -1.83%
as of 03:34 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 1.62 -0.02 -1.22% about (BATS) as of 03:46 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 1.6011:15 AM EDT
Day High 1.699:30 AM EDT
Range 0.09
Volume 25.04 M
30-Day Avg Vol 22.3 M
Difference 12.28%
Market Cap 876.68 M
Mkt Cap Chg -10.82 M
Shares Out 541.16 M
% Shrs Traded 4.62%
1yr EPS Est -0.19
52-Wk Low 0.05
52-Wk High 2.70
Range 2.65
Prev Close 1.648/24/09
Today's Open 1.68
Change 2.44%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date —
Div Date —
Short Interest 24.25 M
Performance Details
Revenue (LFY) 11.43 M
Earnings (LFY) -180.03 M
Earnings (MRQ) -18.03 M
Next Earn Est -0.05
Next Earnings 11/02/2009
EPS (TTM) 5.19
1yr EPS Growth 94.51%
P/E Ratio (TTM) 0.31
P/E Ratio (Fwd) -8.00
PEG Ratio —
Return on Equity -66.46
Beta 7.47
Sector Healthcare
Industry Drugs
24.60 -0.04 -0.16%
as of 03:31 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 24.62 -0.02 -0.08% about (BATS) as of 03:46 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 24.462:43 PM EDT
Day High 24.8210:02 AM EDT
Range 0.36
Volume 35.14 M
30-Day Avg Vol 60.72 M
Difference -42.12%
Market Cap 219.29 B
Mkt Cap Chg -267.32 M
Shares Out 8.91 B
% Shrs Traded 0.39%
1yr EPS Est 1.672
52-Wk Low 14.87
52-Wk High 28.01
Range 13.14
Prev Close 24.648/24/09
Today's Open 24.60
Change -0.16%
Dividend (TTM) 0.52
Div Yield (TTM) 2.13%
Ex-Div Date 08/18/2009
Div Date 09/10/2009
Short Interest 67.87 M
Performance Details
Revenue (LFY) 58.43 B
Earnings (LFY) 14.57 B
Earnings (MRQ) 3.04 B
Next Earn Est 0.328
Next Earnings 07/22/2010
EPS (TTM) 1.62
1yr EPS Growth -1.65%
P/E Ratio (TTM) 15.17
P/E Ratio (Fwd) 14.00
PEG Ratio 1.38
Return on Equity 45.95
Beta 0.96
Sector Technology
Industry Computer Software & Services
19.18 0.42 2.24%
as of 03:29 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 19.135 0.375 2.00% about (BATS) as of 03:44 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 18.749:30 AM EDT
Day High 19.2512:32 PM EDT
Range 0.51
Volume 50.74 M
30-Day Avg Vol 65.94 M
Difference -23.04%
Market Cap 107.36 B
Mkt Cap Chg 2.35 B
Shares Out 5.59 B
% Shrs Traded 0.90%
1yr EPS Est 0.975
52-Wk Low 12.05
52-Wk High 23.71
Range 11.66
Prev Close 18.768/24/09
Today's Open 18.76
Change 0.00%
Dividend (TTM) 0.56
Div Yield (TTM) 2.96%
Ex-Div Date 08/05/2009
Div Date 09/01/2009
Short Interest 131.4 M
Performance Details
Revenue (LFY) 37.58 B
Earnings (LFY) 5.29 B
Earnings (MRQ) -398.00 M
Next Earn Est 0.223
Next Earnings 10/13/2009 AMC
EPS (TTM) 0.44
1yr EPS Growth 126.74%
P/E Ratio (TTM) 43.61
P/E Ratio (Fwd) 19.00
PEG Ratio 1.90
Return on Equity 12.77
Beta 1.20
Sector Technology
Industry Electronics
0.6878 -0.0372 -5.13%
as of 03:23 PM EDT on 08/25/2009 in USD (NASDAQ Delay: 15 mins.)
Real-Time Quote 0.6931 -0.0319 -4.40% about (BATS) as of 03:38 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 0.66810:55 AM EDT
Day High 0.7359:30 AM EDT
Range 0.07
Volume 71.25 M
30-Day Avg Vol 58.91 M
Difference 20.94%
Market Cap 2.69 B
Mkt Cap Chg -123.4 M
Shares Out 3.89 B
% Shrs Traded 1.83%
1yr EPS Est -0.045
52-Wk Low 0.052
52-Wk High 1.40
Range 1.35
Prev Close 0.7258/24/09
Today's Open 0.73
Change 0.69%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date —
Div Date —
Short Interest 134.42 M
Performance Details
Revenue (LFY) 1.66 B
Earnings (LFY) -5.31 B
Earnings (MRQ) -157.36 M
Next Earn Est -0.015
Next Earnings 11/09/2009
EPS (TTM) -2.43
1yr EPS Growth 80.43%
P/E Ratio (TTM) —
P/E Ratio (Fwd) -15.00
PEG Ratio -0.50
Return on Equity -126.83
Beta 2.31
Sector Services
Industry Media
7.59 0.18 2.43%
as of 03:05 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 7.54 0.13 1.75% about (BATS) as of 03:20 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 7.439:30 AM EDT
Day High 7.6510:03 AM EDT
Range 0.22
Volume 45.14 M
30-Day Avg Vol 92.94 M
Difference -51.43%
Market Cap 23.91 B
Mkt Cap Chg 567.07 M
Shares Out 3.22 B
% Shrs Traded 1.40%
1yr EPS Est -0.135
52-Wk Low 1.01
52-Wk High 8.86
Range 7.85
Prev Close 7.418/24/09
Today's Open 7.43
Change 0.27%
Dividend (TTM) 0.00
Div Yield (TTM) 0.00%
Ex-Div Date 07/31/2006
Div Date 09/01/2006
Short Interest 128.97 M
Performance Details
Revenue (LFY) 146.27 B
Earnings (LFY) -14.67 B
Earnings (MRQ) 2.26 B
Next Earn Est -0.187
Next Earnings 08/03/2009
EPS (TTM) -2.29
1yr EPS Growth 96.29%
P/E Ratio (TTM) —
P/E Ratio (Fwd) -56.00
PEG Ratio -18.67
Return on Equity -374.35
Beta 2.65
Sector Consumer Goods
Industry Automotive
36.54 0.07 0.19%
as of 03:04 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 36.53 0.06 0.16% about (BATS) as of 03:19 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 36.38
Day High 37.00
Range 0.62
Volume 46.72 M
30-Day Avg Vol 66.92 M
Difference -30.19%
Market Cap 31.34 B
Mkt Cap Chg 60.03 M
Shares Out 380,180,180
% Shrs Traded 12.22%
52-Wk Low 18.22
52-Wk High 40.61
Range 22.39
Previous Close 36.47
Today's Open 36.73
Change 0.71%
P/E Ratio —
EPS(TTM) —
Yield 1.36
Beta 1.5312
14.35 0.15 1.06%
as of 03:00 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 14.335 0.135 0.95% about (BATS) as of 03:16 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 14.209:30 AM EDT
Day High 14.4410:00 AM EDT
Range 0.24
Volume 57.84 M
30-Day Avg Vol 93.84 M
Difference -38.36%
Market Cap 152.6 B
Mkt Cap Chg 1.7 B
Shares Out 10.62 B
% Shrs Traded 0.54%
1yr EPS Est 0.837
52-Wk Low 5.7279
52-Wk High 29.28
Range 23.55
Prev Close 14.208/24/09
Today's Open 14.23
Change 0.21%
Dividend (TTM) 1.03
Div Yield (TTM) 2.81%
Ex-Div Date 06/18/2009
Div Date 07/27/2009
Short Interest 143.48 M
Performance Details
Revenue (LFY) 180.92 B
Earnings (LFY) 17.41 B
Earnings (MRQ) 2.67 B
Next Earn Est 0.201
Next Earnings 10/16/2009
EPS (TTM) 1.30
1yr EPS Growth -37.07%
P/E Ratio (TTM) 10.87
P/E Ratio (Fwd) 17.00
PEG Ratio 2.06
Return on Equity 16.76
Beta 1.48
Sector Conglomerates
Industry Conglomerates
23.58 -0.80 -3.28%
as of 02:58 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 23.43 -0.95 -3.90% about (BATS) as of 03:14 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 22.93
Day High 23.89
Range 0.96
Volume 67.4 M
30-Day Avg Vol 53.31 M
Difference 26.44%
Market Cap 671.63 M
Mkt Cap Chg -21.31 M
Shares Out 320,000
% Shrs Traded 21,007.93%
52-Wk Low 22.54
52-Wk High 2,018.60
Range 1,996.06
Previous Close 24.38
Today's Open 23.85
Change -2.17%
P/E Ratio —
EPS(TTM) —
Yield —
Beta —
0.182 1.26%
as of 02:57 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 14.64 0.202 1.40% about (BATS) as of 03:11 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 14.55
Day High 14.76
Range 0.21
Volume 69.35 M
30-Day Avg Vol 121.01 M
Difference -42.68%
Market Cap 7.32 B
Mkt Cap Chg 91.22 M
Shares Out 83,573,000
% Shrs Traded 82.99%
52-Wk Low 5.88
52-Wk High 24.50
Range 18.62
Previous Close 14.438
Today's Open 14.55
Change 0.78%
P/E Ratio —
EPS(TTM) —
Yield 1.68
Beta 1.5507
17.81 0.46 2.65%
as of 02:54 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 17.77 0.42 2.42% about (BATS) as of 03:10 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 17.559:30 AM EDT
Day High 18.0010:00 AM EDT
Range 0.45
Volume 193.18 M
30-Day Avg Vol 310.36 M
Difference -37.76%
Market Cap 153.82 B
Mkt Cap Chg 3.72 B
Shares Out 8.65 B
% Shrs Traded 2.22%
1yr EPS Est 0.22
52-Wk Low 2.53
52-Wk High 39.50
Range 36.97
Prev Close 17.358/24/09
Today's Open 17.56
Change 1.21%
Dividend (TTM) 0.35
Div Yield (TTM) 0.23%
Ex-Div Date 09/02/2009
Div Date 09/25/2009
Short Interest 92.63 M
Performance Details
Revenue (LFY) 112.99 B
Earnings (LFY) 4.01 B
Earnings (MRQ) 3.22 B
Next Earn Est -0.036
Next Earnings 10/16/2009
EPS (TTM) 0.35
1yr EPS Growth -50.00%
P/E Ratio (TTM) 50.83
P/E Ratio (Fwd) 80.00
PEG Ratio 10.43
Return on Equity 1.86
Beta 2.41
Sector Financial
Industry Banking
4.76 -0.06 -1.24%
as of 02:50 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 4.77 -0.05 -1.04% about (BATS) as of 03:05 PM EDT on 08/25/2009
Day Low 4.6710:31 AM EDT
Day High 4.909:30 AM EDT
Range 0.23
Volume 810.01 M
30-Day Avg Vol 701.32 M
Difference 15.50%
Market Cap 53.76 B
Mkt Cap Chg -907.34 M
Shares Out 5.50 B
% Shrs Traded 14.66%
1yr EPS Est -0.199
52-Wk Low 0.97
52-Wk High 23.50
Range 22.53
Prev Close 4.828/24/09
Today's Open 4.88
Change 1.24%
Dividend (TTM) 0.81
Div Yield (TTM) 23.83%
Ex-Div Date 01/29/2009
Div Date 02/27/2009
Short Interest 84,613.00
Performance Details
Revenue (LFY) 105.75 B
Earnings (LFY) -24.54 B
Earnings (MRQ) 4.22 B
Next Earn Est -0.124
Next Earnings 10/12/2009
EPS (TTM) -3.78
1yr EPS Growth 92.71%
P/E Ratio (TTM) —
P/E Ratio (Fwd) -23.00
PEG Ratio -4.60
Return on Equity —
Beta 2.68
Sector Financial
Industry Banking
Another industry peer, American Eagle Outfitters, Inc. (AEO: News ) is slated to report its second quarter results on August 27. Analysts currently expect the company to post earnings of $0.14 per share on revenues of $659.72 million.
Among others in the industry, Abercrombie & Fitch Co. (ANF: News ) posted a loss for the second-quarter that totaled $26.7 million or $0.30 per share, compared to a profit of $77.8 million or $0.87 per share last year. Quarterly net sales fell 23% to $648.5 million from last year.
Gap Q2 Profit Declines, Yet Tops Street View - Update
8/20/2009 5:57 PM ET
(RTTNews) - Specialty retailer Gap Inc. (GPS: News ), Thursday reported a slight decline in second-quarter profit as lower operating expenses almost offset the effect of the decline in sales. Sales for the quarter declined by about $250 million from a year ago, however, came in ahead of Street consensus.
The San Francisco, California-based company posted second quarter net income of $228 million or $0.33 per share, compared to $229 million or $0.32 per share in the year-ago quarter. On average, 26 analysts polled by Thomson Reuters expected the company to earn $0.32 per share for the quarter. Analysts' estimates typically exclude special items.
Earnings, on a per share basis, increased from last year helped by lower share count as a result of share repurchases.
In the preceding first quarter, Gap posted net income of $215 million or $0.31 per share, down from $249 million or $0.34 per share in the prior year.
Net sales for the quarter decreased to $3.25 billion from $3.50 billion in the prior-year quarter. Analysts had a consensus revenue estimate of $3.23 billion for the quarter.
Comparable store sales for the quarter decreased 8%, compared to a decrease of 10% for the same quarter last year.
Segment-wise, sales of Gap North America decreased to $878 million from $999 million last year. Comparable store sales declined 10%, compared to a decrease of 6% in the previous year.
Banana Republic North America sales declined to $516 million from $599 million with a comparable store sales decrease of 15% compared to a decrease of 6% from the earlier year.
HJ Heinz Q1 Profit Declines On Currency Fluctuations - Update
8/20/2009 11:34 AM ET
(RTTNews) - Packaged food products maker HJ Heinz Co. (HNZ: News ) Thursday reported a decline in profit for the first quarter, as unfavorable currency effects drove down sales. The company also backed its full-year earnings per share and sales growth outlook.
First-quarter net income attributable to company was $212.56 million or $0.67 per share, compared with $228.96 million or $0.72 per share last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.62 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the quarter totaled $2.47 billion, lower than $2.58 billion in the prior-year quarter. Ten analysts had a consensus revenue estimate of $2.44 billion for the quarter.
HJ Heinz said that the impact of currency reduced sales by 9%, and both net income and earnings per share by 17%. On a constant currency basis, Heinz achieved 4.5% sales growth. Carryover pricing and tight cost controls were key factors in driving higher constant currency profit, the company noted.
According to the company, the results reflected 14% organic sales growth in Emerging Markets, led by Latin America, India and Russia, 2.2% organic sales growth in top 15 brands and the positive impact of carryover pricing, despite a tough economic environment. Emerging Markets generated approximately 16% of the company's total sales, led by higher sales of Complan and Glucon-D nutritional beverages in India, and higher volume and pricing in infant/nutrition products and ketchup in both Latin America and Russia.
Solid performances in North America and Europe, significantly higher profit in the U.S. Foodservice business, and disciplined cost management also contributed to the results. While net pricing increased 6%, total volume declined 4.3%, HJ Heinz noted.
Further, the company said that its top 15 brands globally generated approximately 70% of its reported sales, led by the Heinz brand, Ore-Ida potatoes and T.G.I. Friday's snacks and skillet meals.
As anticipated, the costs for key commodities such as tomatoes, tin plate and potatoes rose during the quarter. Overall, the company's net input costs were up 6% in the first quarter.
By geography, North American Consumer Products reported sales of $727.24 million, down 1.9% from $741.18 million a year ago. Unfavorable Canadian exchange translation rates decreased sales by 2.4%. Organic sales growth was 0.5%. Net prices were up 5.4%, reflecting the company's focus on full-price sales and the carryover impact of price increases taken across the majority of the product portfolio in fiscal 2009. Volume decreased 4.9%.
(RTTNews) - Europe reported quarterly sales of $788.84 million, down 14.1% from $918.19 million in the previous year, reflecting the carryover impact of price increases taken in fiscal 2009, as well as reduced promotional activity on Heinz Ketchup, beans, soup and frozen products in the UK. Unfavorable foreign exchange translation rates decreased sales by 17.1%. Organic sales in Europe were up 0.8%. Volume decreased 4.3% in the quarter.
Heinz Asia/Pacific generated sales of $469.23 million, up 2.5% from last year's $457.81 million. Organic sales increased 1.9% for the quarter. While pricing rose 4.1%, volume decreased 2.2%, largely reflecting softness in Australia. Unfavorable exchange translation rates decreased sales by 12%.
U.S. Foodservice segment's sales declined to $346.50 million from $353.41 million in the previous year. Pricing increased sales by 5.6%, largely due to the carryover impact of prior year price increases as well as decreased promotional spending on portion control condiments. Meanwhile, volume was down 6%, reflecting lower U.S. restaurant traffic and SKU reductions. Divestitures reduced sales by 1.6%.
Rest of World sales totaled $136.11 million, higher than $112.61 million in the same quarter last year. Higher pricing increased sales by 26.2% to cover inflation. Volume was down 3.3%, despite increases in ketchup and baby food in Latin America. Foreign exchange translation rates decreased sales by 3.1%.
Among others in the sector, Campbell Soup Co. (CPB: News ) is slated to announce its fourth-quarter results on September 11. Analysts are looking for earnings of $0.26 per share on revenues of $1.52 billion.
Another peer, ConAgra Foods, Inc., (CAG: News ) has reported a 13% decline in its profit for the fourth quarter compared with last year, which included a gain from the sale of the company's commodity trading unit. The Omaha, Nebraska-based company's net income declined to $174.7 million or $0.39 per share from $201.3 million or $0.41 per share, in the prior-year quarter.
Looking ahead, for fiscal 2010, Heinz continues to expect earnings per share growth in a range of 5%-8% and sales growth in a range of 4%-6% on a constant currency basis. Analysts expect the company to report earnings of $2.69 per share on revenues of $10.35 billion for fiscal 2010.
HNZ is trading at $38.72, up $0.78, on a volume of 1.54 million shares.
DuPont To Deploy Over $120 Mln To Increase Production Of Solar Cell Materials - Update
8/20/2009 10:29 AM ET
(RTTNews) - Thursday, diversified science and technology major El DuPont de Nemours & Co. (DD: News ) said it would invest more than $120 million in view of production expansion of its Tedlar polyvinyl fluoride product line.
The investment would result in a more than 50% increase in the capacity of monomer and resin used in producing Tedlar films. DuPont's Tedlar films are used as a backsheet component, providing long-term durability for photovoltaic modules in all-weather conditions.
DuPont said it has completed site selections for Tedlar capacity expansion. With construction of the facilities already begun, the production sites are scheduled to start up in mid-2010.
David Miller, the group vice president of DuPont Electronic & Communication Technologies stated, "Our capacity expansions are critical steps in growing the Tedlar business and maintaining our market leadership in backsheets for solar panels that deliver the long-term, reliable power supply that our customers have come to expect from their investment in renewable power generation."
DuPont said it anticipates the photovoltaic market to grow rapidly over the next several years, and that this growth will drive demand for Tedlar and other new materials that increase the lifetime and efficiency of solar cells and modules. The company sees overall sales of its family of products in the photovoltaic industry to exceed $1 billion by 2012.
DD is currently trading down 8 cents at $31.81.
Deere Q3 Profit Down; Cautions On Q4 Net Sales; Backs FY09 Profit View - Update
8/19/2009 10:10 AM ET
(RTTNews) - Wednesday, agricultural equipment maker Deere & Co. (DE: News ) reported a 27% decline in profit for the third quarter, mainly hurt by lower shipment and production volumes, and the unfavorable effects of foreign exchange. Equipment net sales fell 25%, yet beat the market projections. Further, the Moline, Illinois-based company projected a sharp decline in fourth-quarter net sales, citing significant production cutbacks, while backing its fiscal 2009 net income view.
Third-quarter net income was $420.0 million or $0.99 per share, lower than net income of $575.2 million or $1.32 per share reported in the corresponding quarter last year. The company noted that voluntary employee separations related to the new organizational structure resulted in pretax charges of $16 million in the third quarter.
On average, 19 analysts polled by Thomson Reuters expected the company to report earnings of $0.57 per share. Analysts' estimates typically exclude special items.
Deere, the maker of farm equipments, attributed the fall in profit primarily to "lower shipment and production volumes and the unfavorable effects of foreign exchange, partially offset by improved price realization and lower selling, administrative and general expenses."
Equipment operations reported net income of $319 million for the quarter, lower than last year's $479 million. However, Financial services' net income grew to $102.1 million from $83.4 million a year ago, largely due to benefits from investment tax credits for wind energy projects, foreign exchange gains and lower expenses, partially offset by higher provision for credit losses and narrower financing spreads.
John Deere Capital Corp., the credit subsidiary of Deere, reported third-quarter net income of $59.1 million, compared with net income of $70.1 million last year, mainly reflecting a higher provision for credit losses and narrower financing spreads, partially offset by foreign exchange gains and lower selling, administrative and general expenses.
Deere's total net sales and revenues in the quarter dropped 24% to $5.89 billion from $7.74 billion a year ago. Net sales of the equipment operations totaled $5.28 billion, down 25% from prior year's net sales of $7.07 billion, yet beat ten Wall Street analysts' consensus estimate of $5.25 billion. The company noted that sales included an unfavorable currency-translation effect of 4% and price increases of 6%.
Deere was projecting equipment sales to be down about 26%, including a negative currency-translation impact of about 6%.
China Agritech Q2 Profit Increases; Co Expects To Exceed FY09 Guidance - Quick Facts
8/17/2009 10:56 AM ET
(RTTNews) - China Agritech Inc. (CAGC.OB: News ) reported second-quarter net income attributable to common stockholders of $5.59 million compared to $2.92 million last year. Earnings per share increased to $0.22 from $0.12 prior year.
Net revenue increased to $20.99 million from $13.38 million a year ago.
The company said it will exceed the projected fiscal 2009 guidance for net revenue of approximately $60 million and net income attributable to the stockholders of $9.5 million.
China Organic Agriculture Turns To Profit In Q2 - Quick Facts
8/17/2009 5:15 PM ET
(RTTNews) - China Organic Agriculture Inc. (CNOA.OB: News ) posted second quarter net income attributable to company of $2.5 million or $0.03 per share, compared to a net loss of $121 thousand or $0.00 per share in the last year quarter.
Sales for the quarter were $30.0 million, up from $3.3 million in the prior year quarter.
MGM Studio Replaces CEO Harry Sloan With Three-member Team: Reports
8/19/2009 11:35 AM ET
(RTTNews) - Tuesday, privately-held motion picture production and distribution company Metro-Goldwyn-Mayer Inc. or MGM Studio reportedly replaced Harry Sloan, its chief executive officer, with a three-member team that includes Stephen Cooper, Mary Parent and Bedi Singh who have been named "members of the office of the CEO." Sloan will reportedly remain with the company as non executive Chairman. The reshuffle is aimed at reducing the studio's massive debt-load. MGM is owned by an investor consortium comprised of Providence Equity Partners, TPG, Sony Corporation of America (SNE: News ), Comcast Corp.(CMCSA, CMCSK), DLJ Merchant Banking Partners and Quadrangle Group
Stephen Cooper, the co-founder of Zolfo Cooper, a restructuring group, is best known for his role in restructuring Enron corporation after the energy trader filed for bankruptcy in 2002. According to a report in the Financial Times, Cooper was also appointed MGM's vice-chairman. Mary Parent serves as chairwoman of MGM's Worldwide Motion Picture Group while Bedi Singh is MGM's chief financial officer.
According to reports, the new leadership team offers MGM the ideal combination of talent to position the company for the long term, and provides with industry experience, management continuity and the addition of a proven professional with expertise in strengthening capital structures.
MGM's debt results primarily from its 2005 buyout by Sony, Providence Equity Partners, TPG, Comcast Corporation, DLJ Merchant Banking Partners and Quadrangle Group.
While the weak credit environment has made third party film financing difficult, the company hired investment bank Moelis & Co in May to help refinance its debt and said it was talking with a steering committee of 140 creditors as part of the process. The studio faces a payment due of $250 million in April 2010 on its revolving credit, with the $3.7 billion of term debt due in June 2012.
SNE is currently trading on the New York Stock Exchange at $26.52, down $1.04 or 3.81%.
KKR presses the IPO button on Dollar General
Posted Aug 21st 2009 10:10AM by Tom Taulli (RSS feed)
Filed under: Deals, KKR
Over the past few years, it's been hard to find successes in private equity. But, in the case of KKR, there is no doubt that it made a good deal in the leveraged buyout of Dollar General in July 2007 (the company had been public since 1968). The price tag was $7.2 billion.
Now, the company has filed to go public. And, in light of KKR's recent success with the Avago (NASDAQ: AVGO) public offering -- as well as the resurgence in the equities markets -- there's a good chance that Dollar General will also get a nice reception.
Founded in 1939, Dollar General has become a power in the retail industry, with 8,577 stores located across 35 states. The typical store, which is about 7,000 square feet (known as a "small box"), is packed with a broad selection of merchandise. What's more, the low-price strategy has certainly been attractive for customers.
Keep in mind that the company has posted annual same-store sales growth for the past 20 years. In other words, Dollar General is more than just a play on the recession.
Under the ownership of KKR, there was been a continued focus on improving operations. For example, in early 2008, Dollar General hired Richard Dreiling as the CEO, who has 39 years of retail experience. There have also been other key hires.
Some of the improvements include optimized product assortment, better markdown strategies, higher inventory turns, customized store hours to enhance demand, improved real estate vetting, aggressive store remodeling and relocations, and better analytics.
So far, things are working out. Sales increased by 10.1% last year, with same-store sales growth of 9%. In fact, in Q1 of this year, sales growth was 15.7% and same-store sales growth was 13.3%.
At the same time, there has been a strong improvement in margins, which have gone from 27.3% in 2007 to 29.3% in 2008. Last year, net income was $108.2 million. As for Q1 of this year, net income came to $83 million.
True, Dollar General has a heavy debt load because of the leveraged buyout. Yet, the company has been able to reduce long-term obligations by $540.9 million to $4.1 billion.
The underwriters on the IPO include Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and yes, KKR.
Tom Taulli is the author of various books, including The IPO Primer and The Complete M&A Handbook.
Tags: Dollar General, IPO, KKR
J.M. Smucker kills estimates in Q1
Posted Aug 22nd 2009 9:10AM by Steven Mallas
Filed under: Earnings reports, ConAgra Foods (CAG), Kraft Foods'A' (KFT)
The J.M. Smucker Company (NYSE: SJM), a food manufacturer famous for its jelly and baking products, reported a great first quarter on Friday. Adjusted earnings per share increased 12% to 92 cents. According to Reuters, management was able to beat expectations by a whopping 12 cents.
This is quite impressive given the fact that an analyst quoted by Reuters believes that more people eating at home are helping to fuel Smucker's success. I say this because, if people are deciding to dine at home more often, they are most likely doing so because of the recession.
Yet, if this is the case, then one might expect private-label brands to put pressure on name brands such as Smucker. Obviously, the company is holding its own. Brand equity can certainly pay off, not only for Smucker but for colleagues such as Kraft (NYSE: KFT) and ConAgra (NYSE: CAG).
Now, however, I must make mention of some bad points. According to the press release, the top line, excluding the effect of the Folgers acquisition and the influence of the currency markets, decreased 1%. Not a huge drop, but a drop nevertheless. And cash was used for operations during the quarter. In last year's Q1, cash was generated from Smucker's businesses. I never like it when cash flow is not positive, but I'll take management's word that investors should keep in mind that this is just the first quarter and that cash flows should improve later on in the fiscal year. I see the point: at the moment, the company wants to build inventories for the upcoming fall/winter selling season, including stock related to coffee (management said this latter activity was a prudent move ahead of the Atlantic hurricane cycle).
In general, I think Smucker did well during Q1, and I expect it to keep the fundamental momentum at a strong level. I like the brand mix, I believe the margins will be attractive going forward, and I am bullish on the ability of the Folgers acquisition to create value over the long term. Shares of Smucker closed higher on Friday by over 4%. They're near a 52-week high. I am of the opinion that they may be going higher still.
Tags: CAG, coffee, conagra, folgers, food, inthenews, jelly, jm smucker, KFT, Kraft, SJM, supermarket
Housing sales come back, led by first-timers
Posted Aug 23rd 2009 11:10AM by Tom Johansmeyer
Filed under: Housing, Recession
It looks like the housing market is coming back, but there's still reason to be careful. In July, home resales had their highest monthly increase in at least a decade. The rush is driven in part by a tax credit that expires on November 30, 2009. The rate of sale grew 7.2%, ahead of expectations.
Last month, sales hit a seasonally adjusted annual rate of 5.24 million in July -- up from a 4.89 million in June. This is the fourth month in a row in which seasonally adjusted sales increased, and it was the strongest growth rate since August 2007. A Thomson Reuters survey had forecast 5 million, but the reality exceeded that.
Of course, the good news is clouded by fears that further job cuts, an increase in mortgage rates, and the expiration of the tax credit could lead to another drop in sales and home values, especially for all the recent first-time homebuyers who would see their initial forays into home ownership sink underwater. First-timers are picking up one of every three homes sold.
So, there's a sign that the economy is recovering, but there are still pressures from several fronts that could turn the trend. Again, the sentiment is: "proceed with caution."
Tags: home prices, home sale trends, home sales, home values, housing bubble, housing market, housing prices, housing sales, housing sector, inthenews, mortgage rates, mortgages
US government sitting on $11 billion profit from Citigroup stake
Posted Aug 24th 2009 8:20AM by Zac Bissonnette
Filed under: Citigroup Inc. (C)
The Financial Times reports that the U.S. government "is sitting on a paper profit of almost $11bn on its 34 percent shareholding in Citigroup (NYSE: C), its only direct stake in a large financial institution."
How'd that happen? The Treasury Department converted $25 billion worth of preferred stock into common equity at the end of July. Over the past four weeks, shares of Citi are up a mind-blowing 70%.
According to The Wall Street Journal, it was that conversion that led to the run-up: "Ironically, it is the exchange that made Citi a buy. In short, it solved the bank's chief weakness, a dearth of tangible common equity. Banks lacking TCE are risky stock investments because shareholders stand to be diluted by the capital raises needed to boost equity."
There are a few things to keep in mind about the "gain" on the government's stake in Citigroup. The first is that with a 34% stake, it's impossible to cash out without tanking the share price. The second point is that the "gain" is driven by a government-guaranteed loan program that leaves taxpayers on the hook if things go awry. Indeed, there's an argument to be made that our current fiscal policy is propping up Citigroup and similarly situated companies at a tremendous long-term cost to the economy. So calculating the paper profit on the Citigroup stake is too simplistic because the government's relationship with Citi is too complex.
Still, an $11 billion gain is nothing to sneeze at!
Eddie Lampert's Sears experiment looking like a failure
Posted Aug 23rd 2009 3:40PM by Zac Bissonnette
Filed under: Management, Sears Holdings (SHLD)
What would happen if a brilliant hedge fund manager took over a retailer and ran it with a rigid focus on financial metrics, putting aside all that soft stuff about branding and marketing?
Take a look at Sears Holdings (NASDAQ: SHLD), and you have your answer. While macroeconomic trends haven't exactly been the company's friend, the stock has plunged from close to $200 per share in early 2007 to its current price of $66 per share. Just a few months ago it was trading in he mid-$20s.
In a scathing piece in Barron's (subscription required), Jonathan R. Laing explains just what a mess of things Lampert's strategy has made. Sales are tanking because of uncompetitive pricing, poor service, and lousy merchandising -- and the upside that once came from liquidating the company has disappeared with the arrival of a meltdown in commercial real estate.
Worse, aggressive stock repurchases have rendered the company's balance sheet weak and overleveraged. According to Laing, "The danger in milking the stores is that a retailer can pass a point of no return, in which falling sales trump tight cost controls and profitability goes into irreversible meltdown. Some analysts see Sears Holdings inevitably facing that fate down the line."
For now, the "Liquidate and make everyone rich" scenario is off the table -- and horrifically-timed share buybacks have also helped to destroy what shareholder value hadn't already been torched by a tanking real estate market, pension fund shortfalls, and good old-fashioned operating losses. Back in January of 2008, Herb Greenberg wrote this about Sears:
With real estate values falling, some experts have said the value of Sears real estate is suffering at the hands of the real estate market. One retired retail veteran I know, who has held top real estate positions at many of the largest retail concerns, has a different take. "The real problem," he says, "is that the portfolio has the same meager value today as it had just prior to Mr. Lampert's purchases! There are many reasons for this. In addition to the obvious facts that competition has passed them by, the two main reasons are: the myths associated with the assumptions connected to leasehold value, the restrictions imposed on the value of the Sears-owned mall stores."
A year and a half later, and that's all more true than ever. The question for investors is whether that's already more than reflected in the stock price. Sears was sexy once, but now it's downright contrarian.
Tags: Eddie Lampert, Herb Greenberg, inthenews, Jonathan R. Laing, retail, Sears Holdings, SHLD
INTL BUSINESS MACH(NYSE: IBM)
After Hours: 119.91 0.01 (0.01%) 7:50PM ET
Last Trade: 119.90
Trade Time: Aug 21
Change: 0.95 (0.80%)
Prev Close: 118.95
Open: 119.65
Bid: N/A
Ask: N/A
1y Target Est: 126.75
Day's Range: 118.55 - 120.01
52wk Range: 69.50 - 125.45
Volume: 8,307,764
Avg Vol (3m): 7,045,050
Market Cap: 157.17B
P/E (ttm): 12.80
EPS (ttm): 9.37
Div & Yield: 2.20 (1.80%)
HEWLETT PACKARD CO(NYSE: HPQ)
After Hours: 44.70 0.08 (0.18%) 7:59PM EThelp
Last Trade: 44.78
Trade Time: Aug 21
Change: 0.80 (1.82%)
Prev Close: 43.98
Open: 44.20
Bid: N/A
Ask: N/A
1y Target Est: 50.82
Day's Range: 43.83 - 44.84
52wk Range: 25.39 - 49.20
Volume: 18,936,048
Avg Vol (3m): 16,150,700
Market Cap: 106.67B
P/E (ttm): 15.08
EPS (ttm): 2.97
Div & Yield: 0.32 (0.70%)
Cisco Systems, Inc.(NasdaqGS: CSCO)
After Hours: 22.07 0.12 (0.54%) 7:58PM ET
Last Trade: 22.19
Trade Time: Aug 21
Change: 0.30 (1.37%)
Prev Close: 21.89
Open: 22.06
Bid: 20.38 x 200
Ask: N/A
1y Target Est: 24.50
Day's Range: 21.77 - 22.27
52wk Range: 13.61 - 24.82
Volume: 56,593,433
Avg Vol (3m): 51,751,800
Market Cap: 128.19B
P/E (ttm): 21.19
EPS (ttm): 1.05
Div & Yield: N/A (N/A)
Quarterly Data All numbers in thousands
PERIOD ENDING 30-Jun-09 31-Mar-09 31-Dec-08 30-Sep-08
Total Revenue 3,205 2,338 4,042 11,758
Cost of Revenue 4,867 4,946 4,395 7,514
Gross Profit (1,662) (2,608) (353) 4,244
Operating Expenses
Research Development 198 152 183 179
Selling General and Administrative 1,271 1,378 1,659 1,574
Non Recurring - - - 1,215
Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss (3,131) (4,138) (2,195) 1,276
Income from Continuing Operations
Total Other Income/Expenses Net 186 270 312 392
Earnings Before Interest And Taxes (2,945) (3,868) (1,883) 1,668
Interest Expense - - - -
Income Before Tax (2,945) (3,868) (1,883) 1,668
Income Tax Expense - - (169) 49
Minority Interest - - - -
Net Income From Continuing Ops (2,945) (3,868) (1,714) 1,619
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (2,945) (3,868) (1,714) 1,619
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($2,945) ($3,868) ($1,714) $1,619
Quarterly Data All numbers in thousands
PERIOD ENDING 31-May-09 28-Feb-09 30-Nov-08 31-Aug-08
Total Revenue 2,615,101 2,887,400 3,382,509 3,264,874
Cost of Revenue 2,466,512 2,731,854 3,158,796 3,034,874
Gross Profit 148,589 155,546 223,713 230,000
Operating Expenses
Research Development 7,198 5,754 5,655 8,603
Selling General and Administrative 125,419 111,053 131,662 123,707
Non Recurring 16,167 736,645 318,321 262
Others 7,612 7,673 8,035 9,653
Total Operating Expenses 156,396 861,125 463,673 142,225
Operating Income or Loss (7,807) (705,579) (239,960) 87,775
Income from Continuing Operations
Total Other Income/Expenses Net 139 1,063 (57) 672
Earnings Before Interest And Taxes (7,668) (704,516) (240,017) 88,447
Interest Expense 19,043 20,077 23,734 23,807
Income Before Tax (26,711) (724,593) (263,751) 64,640
Income Tax Expense 2,528 142,018 12,363 7,729
Minority Interest 477 511 257 580
Net Income From Continuing Ops (28,762) (866,100) (275,857) 57,491
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
MORGAN STANLEY(NYSE: MS)
After Hours: 29.53 0.16 (0.54%) 7:57PM EThelp
Last Trade: 29.69
Trade Time: Aug 21
Change: 0.33 (1.12%)
Prev Close: 29.36
Open: 29.86
Bid: N/A
Ask: N/A
1y Target Est: 32.50
Day's Range: 29.00 - 29.95
52wk Range: 6.71 - 44.50
Volume: 24,293,853
Avg Vol (3m): 24,151,000
Market Cap: 40.35B
P/E (ttm): 20.49
EPS (ttm): 1.45
Div & Yield: 0.20 (0.70%)
ULTRASHORT FINANCIAL(NYSEArca: SKF)
After Hours: 27.24 0.08 (0.29%) 7:59PM ET
Last Trade: 27.16
Trade Time: Aug 21
Change: 1.23 (4.33%)
Prev Close: 28.39
Open: 27.74
Bid: 27.01 x 300
Ask: 29.30 x 200
NAV¹: 28.32
Day's Range: 26.89 - 27.98
52wk Range: 26.89 - 303.82
Volume: 20,161,140
Avg Vol (3m): 30,569,400
YTD Return (Mkt)²: -59.43%
Net Assets²: 1.21B
P/E (ttm)²: N/A
Yield (ttm)²: 0.44%
BK OF AMERICA CP(NYSE: BAC)
After Hours: 17.32 0.14 (0.80%) 7:59PM EThelp
Last Trade: 17.46
Trade Time: Aug 21
Change: 0.32 (1.87%)
Prev Close: 17.14
Open: 17.46
Bid: N/A
Ask: N/A
1y Target Est: 17.34
Day's Range: 17.31 - 17.60
52wk Range: 2.53 - 39.50
Volume: 236,597,178
Avg Vol (3m): 341,987,000
Market Cap: 151.06B
P/E (ttm): 29.25
EPS (ttm): 0.60
Div & Yield: 0.04 (0.20%)
FINANCIAL BEAR 3XNEW(NYSEArca: FAZ)
After Hours: 23.88 0.08 (0.34%) 7:59PM ET
Last Trade: 23.80
Trade Time: Aug 21
Change: 1.58 (6.23%)
Prev Close: 25.38
Open: 24.58
Bid: 23.85 x 300
Ask: 24.02 x 300
NAV¹: 25.37
Day's Range: 23.51 - 24.90
52wk Range: 23.51 - 2,018.60
Volume: 60,387,297
Avg Vol (3m): 35,728,000
YTD Return (Mkt)²: -86.95%
Net Assets²: 1.49B
P/E (ttm)²: N/A
Yield (ttm)²: NaN%
FINANCIAL BULL 3XNEW(NYSEArca: FAS)
After Hours: 77.00 0.43 (0.56%) 7:59PM EThelp
Last Trade: 77.43
Trade Time: Aug 21
Change: 4.52 (6.20%)
Prev Close: 72.91
Open: 75.25
Bid: 76.90 x 200
Ask: 77.30 x 300
NAV¹: 72.98
Day's Range: 74.29 - 78.28
52wk Range: 11.60 - 163.40
Volume: 37,610,609
Avg Vol (3m): 35,597,900
YTD Return (Mkt)²: -63.57%
Net Assets²: 1.72B
P/E (ttm)²: N/A
Yield (ttm)²: NaN%
FINANCIAL SEL SPDR(NYSEArca: XLF)
After Hours: 14.55 0.00 (0.00%) 7:56PM ET
Last Trade: 14.55
Trade Time: Aug 21
Change: 0.28 (1.96%)
Prev Close: 14.27
Open: 14.43
Bid: 12.63 x 3000
Ask: 2,000.00 x 100
NAV¹: 14.57
Day's Range: 14.35 - 14.62
52wk Range: 5.88 - 24.50
Volume: 109,167,059
Avg Vol (3m): 129,953,000
YTD Return (Mkt)²: -3.16%
Net Assets²: 6.02B
P/E (ttm)²: 15.74
Yield (ttm)²: 4.35%